Invesco BulletShares 2023 Corporate Bond ETF
BSCN
BSCN was delisted on the 15th of December, 2023.
254 hedge funds and large institutions have $1.15B invested in Invesco BulletShares 2023 Corporate Bond ETF in 2021 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 128 increasing their positions, 57 reducing their positions, and 27 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 57
11% more funds holding in top 10
Funds holding in top 10: 18 → 20 (+2)
11% more capital invested
Capital invested by funds: $1.04B → $1.15B (+$114M)
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
2% less funds holding
Funds holding: 260 → 254 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
+$61.7M |
| 2 |
HPC
HM Payson & Co
Portland,
Maine
|
+$13.4M |
| 3 |
Morgan Stanley
New York
|
+$9.83M |
| 4 |
ECML
Eagle Capital Management (Louisiana)
Mandeville,
Louisiana
|
+$6.44M |
| 5 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
+$6.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$28.8M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$11.4M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$10.1M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$5.03M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$4.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
276
IFP Advisors
Tampa,
Florida
| – | -$49.7K | -2,278 | Closed |
|
|
NFG
277
Next Financial Group
Houston,
Texas
| – | -$41K | -1,854 | Closed |
|
|
IA
278
IFS Advisors
Overland Park,
Kansas
| – | -$38K | -1,754 | Closed |
|
279
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$38K | -1,725 | Closed |
|
|
AWM
280
Avior Wealth Management
Omaha,
Nebraska
| – | -$33K | -1,538 | Closed |
|
|
BW
281
Bison Wealth
Atlanta,
Georgia
| – | -$31K | -1,400 | Closed |
|
|
MAM
282
Marquette Asset Management
Minneapolis,
Minnesota
| – | -$13K | -600 | Closed |
|
|
TRCT
283
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
284
Fidelity Investments
Boston,
Massachusetts
| – | +$22 | +1 | New |
|
BSCN Hedge Fund Activity: Q1 2021 in Review
254 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco BulletShares 2023 Corporate Bond ETF (BSCN) for Q1 2021, worth a combined $1.15B — up 11% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BSCN and 26 opened new positions — a net loss of 1 holder — while 57 trimmed existing stakes and 128 added.
The largest buyer was Lido Advisors, adding an estimated $61.7M. The largest seller was FormulaFolio Investments, exiting entirely with an estimated $28.8M sold.
- 254 institutional investors held Invesco BulletShares 2023 Corporate Bond ETF (BSCN) as of Q1 2021, down from 260 in Q4 2020.
- Funds reported $1.15B of Invesco BulletShares 2023 Corporate Bond ETF stock for Q1 2021, up 11% quarter-over-quarter.
- 26 funds opened new Invesco BulletShares 2023 Corporate Bond ETF positions in Q1 2021 and 27 closed out, a net change of -1 holder.
- The largest Invesco BulletShares 2023 Corporate Bond ETF buyer in Q1 2021 was Lido Advisors, an estimated $61.7M added.
- The largest Invesco BulletShares 2023 Corporate Bond ETF seller in Q1 2021 was FormulaFolio Investments, an estimated $28.8M sold.
Based on aggregated 13F filings for Q1 2021.